The Technology Implications of Citigroup's Egg Deal Citigroup hints at keeping the Egg's online platform following Finance Technology Network
In the wake of New York-based Citigroup's ($1.88 trillion in total assets) announcement in late January that it will acquire London-based Egg Banking , the world's largest pure online bank and one of the U.K.'s leading online financial services providers, industry observers are weighing the technology implications of the deal.
** Wachovia Taps RSA for Online Authentication Finance Technology Network
Charlotte, N.C.-based Wachovia has deployed the RSA Adaptive Authentication solution to provide additional protection of its online banking customers' funds and personal information.
Citi Weighs Tokyo Listing; Buyout of Investment Banking Partner Indie Research via Yahoo! Finance
Citigroup, in an ongoing effort to refine its strategy in Japan, is pondering a listing on the Tokyo Stock Exchange and also considering buying out its investment banking partner, Nikko Cordial.
International Gang Nabbed In $300K Online Banking Heist Turkish police arrested 17 gang members who allegedly worked Finance Technology Network
Turkish police have arrested an international gang that allegedly stole $300,000 from online banking customers. Police in the Turkish city of Izmir have arrested 17 members of a gang who broke into online bank accounts, according to news reports . Law enforcement agencies have said the gang worked alongside three Russian hackers, who allegedly provided them with banking user names and passwords
eBay and PayPal Officials in Talks for Possible Banking Move RedNova
The officials of online auction site eBay and its payments unit PayPal are reportedly in talks over the possibility of applying for a limited banking charter, Dow Jones/Associated Press claims.
It's not a game CNN Money
Last November in Beijing, IBM gathered 2,000 employees, with 5,000 more watching on the web, to unveil a series of global initiatives on digital storage, branchless banking, and the like. During the presentation, CEO Sam Palmisano walked up to an onstage PC, logged onto the online three-dimensional virtual world called Second Life, and took command of the cartoon-like "avatar" that represents him
To Keep Consumer Trust, Try Tokens and Smart Cards Customers turn their backs on Internet banking if they perceive that Finance Technology Network
Banks and other financial institutions should adopt stronger authentication measures, such as security tokens and smart cards, if they want to increase customer satisfaction with Internet banking, according to a panel of industry analysts.
Online Resources Refinances $85M Loan AP via Yahoo! Finance
Online Resources Corp., an Internet banking service company, said Wednesday it refinanced an $85 million loan at a lower interest rate and opened a new line of credit.
ACI Launches Enterprise Enrollment Online Banking Solution Business Wire via Yahoo! Finance
OMAHA, Neb.----ACI Worldwide , a leading international provider of software for electronic payment systems, today announced ACI Enterprise Enrollments, a customizable online banking enrollment solution featuring a stand-alone online banking enrollment engine designed to consolidate business and retail enrollment functionality in one product.
Computer glitches hurt Cap Fed Kansas City Star
Customers who are still having problems with Capitol Federal Savings’ telephone bill payment system or online banking information can get assistance at its branches.
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